The CEO of the Russian state-owned bank considers bitcoin a “technical instrument for transactions,” rather than a type of investment. The CEO of state-owned Russian bank Sberbank has officially confirmed the institution’s decision to not develop crypto-related services, local financial publication Banki.ru reports on June 7. Herman Gref, Sberbank CEO and a former minister of […]
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Several voices have earmarked a June 18 whitepaper launch date, as information slowly trickles through. Multiple sources are expecting Facebook to launch its stablecoin on June 18, IT and fintech magazine TechCrunch reported on June 6. Citing people familiar with the plans, the publication added strength to existing suggestions from both within and outside the […]
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Speaking to Cointelegraph, the Frenchman said details about returning to the crypto sphere had been reported wrong. The former CEO of long-defunct Japanese cryptocurrency exchange Mt. Gox denied press claims he is returning to blockchain in comments to Cointelegraph on June 7. Mark Karpeles, whom a judge acquitted of embezzlement in March and is currently […]
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The crypto markets are today back firmly in the green, with bitcoin (BTC) breaking back above the $8,000 mark. Friday, June 7 — after recent shaky sentiment, the crypto markets are today back firmly in the green, with bitcoin (BTC) breaking back above the $8,000 mark, as Coin360 data shows. Market visualization courtesy of Coin360 […]
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Consultancy firm McKinsey & Co. has argued that blockchain is gaining slower traction with retail banks “Big Three” management consultancy firm McKinsey & Company has argued that blockchain technology is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment. The news was reported by Bloomberg on June 7. McKinsey […]
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CNBC has collected public details on high-level executives for Facebook’s cryptocurrency project via LinkedIn. More details are now emerging regarding high-level executives for social media giant Facebook’s crypto project, according to a report by CNBC on June 6. According to the report, there are now 100 people known to be working on the crypto project […]
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Portuguese sports club SL Benfica now has an option on its website to buy products in cryptocurrencies UTK, BTC, or ETH. Major Portuguese sports club SL Benfica now accepts cryptocurrency for merchandise and tickets, Verdict reports on June 6. According to the report, SL Benfica partnered with cryptocurrency service Utrust to provide the new payments […]
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Margin lenders on American cryptocurrency exchange Poloniex have lost around $13.5 million due to a flash crash. Margin lenders on American cryptocurrency exchange Poloniex have lost around $13.5 million due to a flash crash. Poloniex announced about the incident in a blog post published on June 6. Poloniex revealed that on May 26 a severe […]
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Medici Ventures leads $7 million funding round for a blockchain-based platform that supports remote voting. Medici Ventures, the blockchain-based subsidiary of Overstock.com, has led a $7 million funding round for a blockchain-based voting platform, according to a press release on June 6. The blockchain-based voting platform, Voatz, is reportedly designed to allow citizens to participate […]
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Major global pharmaceutical firm Boehringer plans to create a blockchain-powered care network for patients with diabetes. А leading pharmaceutical firm Boehringer Ingelheim has teamed up with blockchain-based healthcare platform Solve.Care, according to a press release shared with Cointelegraph on June 6. Germany-based Boehringer, one of the world’s 20 largest pharma companies, and Solve.Care are planning […]
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